The company continued its acquisition streak during the quarter, completing 15 deals in the latest period, compared with nine a year earlier.

Arthur J. Gallagher is among companies that have been expected to benefit from rate increases, though its international presence may expose it to negative foreign-exchange impacts.

Arthur J. Gallagher reported a profit of $71.7 million, or 59 cents a share, up from $41.7 million, or 37 cents a share, a year earlier. Excluding acquisition-related costs and other items, earnings were up at 55 cents from 50 cents a share.